General Discussion
In reply to the discussion: Bitcoin ATM maker announces plans to expand to U.S. and beyond [View all]TampaAnimusVortex
(785 posts)The mainstream media was talking about the death of bitcoin back when silk road went under... yet they were wrong.
The talked about it's destruction after the peak of $1200... yet they were wrong.
The barked about how it was doomed after Mnt Gox went under... yet they were wrong.
You should learn to think for yourself instead of listening to mainstream media pundits. Actually learn how the technology works and you'll know when they are blowing smoke at you... like they are now.
It's not a pyramid scheme... pyramid schemes presuppose a person at the top where the benefit trickles up to... there is no such person here, as anyone who understand the technology can see. It's a distributed database with code that anyone can read. There are no secrets. It's crystal clear for anyone with the understanding to see. You on the other hand don't possess this understanding - which is why your natural instinct is fear. It's why you rely on others to tell you what to think. Someone else told you it was a pyramid scheme and here you are parroting it back as if you have some knowledge to impart.
Oh, and as far as investments... I got in at $30 per coin last February, so now its at almost $600... so you tell me where you have a better rate of return. I did this because I knew the potential when I saw it.